EghtesadOnline: Iran and Spain’s state Paradores Company signed an agreement to cooperate on maintenance and repair of historical buildings and turn them to hotel and residential tourist centers.

EghtesadOnline: Iran has numerous historical monuments and buildings, the likes of which would be listed as architectural heritage in other countries.

EghtesadOnline: Foreign and private sector investors who put their money in Iranian historical buildings can get 100% tax exemption for five to 13 years, based on the scale and location of the project, said the head of Iran’s Revitalization and Utilization Fund for Historical Places (known by its Persian acronym SAABTA).